S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
TSE:BTE

Baytex Energy - BTE Stock Forecast, Price & News

C$6.51
-0.21 (-3.13%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
C$6.51
C$6.73
50-Day Range
C$5.55
C$8.45
52-Week Range
C$1.87
C$9.16
Volume
4.73 million shs
Average Volume
7.10 million shs
Market Capitalization
C$3.65 billion
P/E Ratio
4.40
Dividend Yield
N/A
Price Target
C$8.18

Baytex Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
25.7% Upside
C$8.18 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.44mentions of Baytex Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
C$180,780 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

BTE stock logo

About Baytex Energy (TSE:BTE) Stock

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its principal oil and natural gas properties comprise the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. The company's properties also include conventional oil and natural gas assets in Western Canada. As of December 31, 2021, it had proved developed producing reserves of 129 million barrels of oil equivalent (mmboe); proved reserves of 278 mmboe; and proved plus probable reserves of 451 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on BTE shares. Raymond James upped their price target on shares of Baytex Energy from C$9.00 to C$9.50 and gave the stock an "outperform" rating in a research report on Tuesday, July 5th. TD Securities upped their price target on shares of Baytex Energy from C$6.50 to C$7.50 and gave the stock a "hold" rating in a research report on Friday, April 29th. National Bankshares dropped their price target on shares of Baytex Energy from C$10.50 to C$10.00 and set an "outperform" rating for the company in a research report on Monday, July 18th. Scotiabank upped their price target on shares of Baytex Energy from C$6.75 to C$9.00 in a research report on Wednesday, June 8th. Finally, Royal Bank of Canada upped their price target on shares of Baytex Energy from C$6.00 to C$7.00 and gave the stock a "sector perform" rating in a research report on Monday, May 2nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$8.18.

Baytex Energy Price Performance

Shares of TSE:BTE opened at C$6.71 on Friday. The company has a debt-to-equity ratio of 46.97, a quick ratio of 0.59 and a current ratio of 0.62. The firm has a fifty day moving average price of C$6.51 and a 200 day moving average price of C$6.18. Baytex Energy has a fifty-two week low of C$1.87 and a fifty-two week high of C$9.16. The firm has a market cap of C$3.76 billion and a price-to-earnings ratio of 4.53.

Baytex Energy (TSE:BTE - Get Rating) (NYSE:BTE) last released its quarterly earnings data on Wednesday, July 27th. The company reported C$0.32 EPS for the quarter, beating the consensus estimate of C$0.28 by C$0.04. The business had revenue of C$854.17 million for the quarter. As a group, sell-side analysts expect that Baytex Energy will post 1.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Baytex Energy

In other news, Senior Officer Rodney Gray purchased 20,000 shares of the business's stock in a transaction that occurred on Thursday, June 23rd. The shares were bought at an average cost of C$5.69 per share, for a total transaction of C$113,700.00. Following the acquisition, the insider now owns 934,024 shares of the company's stock, valued at approximately C$5,309,926.44. In other Baytex Energy news, Senior Officer Rodney Gray acquired 20,000 shares of the business's stock in a transaction on Thursday, June 23rd. The shares were bought at an average price of C$5.69 per share, with a total value of C$113,700.00. Following the transaction, the insider now directly owns 934,024 shares of the company's stock, valued at approximately C$5,309,926.44. Also, Director Mark Bly bought 12,000 shares of the firm's stock in a transaction dated Thursday, June 23rd. The shares were acquired at an average price of C$5.59 per share, with a total value of C$67,080.00. Following the completion of the transaction, the director now owns 421,544 shares of the company's stock, valued at approximately C$2,356,430.96.

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BTE Stock News Headlines

TSX Ends On Weak Note On Growth Worries
TSX Extends Gains To 3rd Session, Rises Nearly 4.5% In Month
TSX Ends Higher For 5th Straight Day
Baytex Energy Stock: Worth the Risk?
1 Oil Company Just Increased Dividends by 12%
TSX Ends Weak For 6th Straight Session
See More Headlines
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BTE Company Calendar

Last Earnings
7/27/2022
Today
8/19/2022
Next Earnings (Estimated)
11/03/2022

Industry, Sector and Symbol

Industry
Oil & Gas E&P
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
231
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$8.18
High Stock Price Forecast
C$10.00
Low Stock Price Forecast
C$4.75
Forecasted Upside/Downside
+25.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$2.08 billion
Cash Flow
C$0.00 per share
Book Value
C$4.32 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.65 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Edward David LaFehr (Age 62)
    Pres, CEO & Director
    Comp: $1.78M
  • Mr. Rodney D. Gray (Age 50)
    Exec. VP & CFO
    Comp: $877.8k
  • Mr. Chad E. Lundberg (Age 40)
    Chief Operating & Sustainability Officer
    Comp: $580.8k
  • Mr. Brian G. Ector (Age 53)
    VP of Capital Markets
    Comp: $584.1k
  • Mr. Kendall D. Arthur (Age 41)
    VP of Heavy Oil
    Comp: $738.1k
  • James Maclean
    VP, Gen. Counsel & Corp. Sec.
  • Mr. M. Scott Lovett (Age 48)
    VP of Corp. Devel.













BTE Stock - Frequently Asked Questions

Should I buy or sell Baytex Energy stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BTE shares.
View BTE analyst ratings
or view top-rated stocks.

What is Baytex Energy's stock price forecast for 2022?

5 Wall Street research analysts have issued 1 year price objectives for Baytex Energy's shares. Their BTE share price forecasts range from C$4.75 to C$10.00. On average, they predict the company's share price to reach C$8.18 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for BTE
or view top-rated stocks among Wall Street analysts.

How have BTE shares performed in 2022?

Baytex Energy's stock was trading at C$3.91 at the start of the year. Since then, BTE stock has increased by 66.5% and is now trading at C$6.51.
View the best growth stocks for 2022 here
.

When is Baytex Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our BTE earnings forecast
.

How were Baytex Energy's earnings last quarter?

Baytex Energy Corp. (TSE:BTE) announced its earnings results on Wednesday, July, 27th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.04. The business had revenue of $854.17 million for the quarter.

What other stocks do shareholders of Baytex Energy own?
What is Baytex Energy's stock symbol?

Baytex Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BTE."

How do I buy shares of Baytex Energy?

Shares of BTE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Baytex Energy's stock price today?

One share of BTE stock can currently be purchased for approximately C$6.51.

How much money does Baytex Energy make?

Baytex Energy (TSE:BTE) has a market capitalization of C$3.65 billion and generates C$2.08 billion in revenue each year.

How many employees does Baytex Energy have?

The company employs 231 workers across the globe.

How can I contact Baytex Energy?

Baytex Energy's mailing address is 2800-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The official website for the company is www.baytex.ab.ca. The company can be reached via phone at +1-587-9523000.

This page (TSE:BTE) was last updated on 8/20/2022 by MarketBeat.com Staff

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